A faster-than-expected decline in freight rates and easing congestion at ports could see spot rates for container shipments fall to 2019 levels as early as the end of this year, according to a new HSBC research report.On Wednesday, the global bank cut its demand forecast for 2023 and raised its capa
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A faster-than-expected decline in freight rates and easing c···
2022-10-18496
Strikes happen every year, but this year there have been sooo many !!!Truckers at the ports of Los Angeles, Long Beach and Oakland announced a strike to protest a California law known as "AB5," adding to the country's already congested ports. The strike by 12,000 port workers, which
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Strikes happen every year, but this year there have been soo···
2022-07-18386
The southern route (hereafter referred to as the "Middle Corridor") is attracting increasing attention.Of course, there are many people who don't believe in its potential, including shippers, carriers and the media.This transit corridor has been questioned today by The Gree
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China's consumer spending fell and unemployment rose last month as Covid lockdowns confined millions of people to their homes, official figures show.Joblessness reached the highest level since the early part of the pandemic.However, overall the country's economy grew at a faster pace than ex
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Ruslan Turdibayev, head of legal work at FINAM Bank, said it was now not a problem for Russian companies to settle their trade with China in renminbi, even if there were long-term contracts in dollars and other currenciesTurdibayev pointed out that there are two concepts in trade: contract cur
2022-03-24453
Ruslan Turdibayev, head of legal work at FINAM Bank, said it···
2022-03-24453